Forestry Equipment Market Report 2026: Trends & Strategies Shaping the Landscape Over 2026-2030
Dublin, Aug. 12, 2026 (GLOBE NEWSWIRE) -- The "Forestry Equipment Market: 2026 Edition" has been added to ResearchAndMarkets.com's offering.
The global forestry equipment market was valued at US$11.33 billion in 2024 and is projected to reach US$14.51 billion by 2030, expanding at a compound annual growth rate of approximately 4% from 2025 to 2030. Market growth will be supported by rising demand for timber and wood products, expanding construction activity, increased forestry investment, bioenergy development, and the adoption of advanced equipment for sustainable forest management.
Forestry operators are increasingly investing in machinery that improves productivity, cutting precision, fuel efficiency, safety, and environmental performance. Responsible harvesting, forest regeneration, and reduced soil disturbance remain important priorities, encouraging the replacement of older machinery with automated, connected, and lower-emission alternatives. Growing demand for biomass and wood pellets is also increasing the need for efficient equipment used in harvesting, processing, and transportation.
Product Segment Analysis
The forestry equipment market is segmented into felling equipment, extracting equipment, on-site processing equipment, other forestry equipment, and separately sold parts and attachments. Felling equipment accounted for a significant market share in 2024, supported by strong timber demand from the construction, paper, and wood products industries.
Advances in automated and remote-controlled felling machinery are expected to strengthen the segment through 2030. Newer machines offer improved cutting accuracy, lower fuel consumption, reduced emissions, and greater operator safety. Equipment designed to limit soil disruption and enable controlled tree removal is also becoming more important as governments and forestry companies adopt stricter sustainability standards.
Power Source Analysis
The market includes oil-, gas-, and electric-powered forestry equipment. Oil-powered machinery dominated the global forestry equipment market in 2024 because of its reliability, durability, and ability to perform high-capacity tasks in rugged and remote locations. Long operating periods between refueling and consistent performance make this equipment particularly suitable for large-scale logging operations.
Oil-powered equipment is expected to retain an important market position as manufacturers improve fuel efficiency and compliance with emissions regulations. However, electric and hybrid forestry equipment is gaining attention as operators seek quieter, lower-emission solutions that support corporate sustainability objectives and evolving environmental requirements.
Regional Market Outlook
North America led the global forestry equipment market in 2024, supported by established timber and construction industries, extensive forestry activity, and early adoption of automation, GPS systems, and connected machinery. The presence of major equipment manufacturers across the United States and Canada has strengthened regional supply chains and improved access to advanced products and services.
The United States is forecast to maintain its leading position in North America between 2025 and 2030. Government support for forest conservation, sustainable land management, and restoration initiatives is expected to stimulate equipment demand. Continued construction activity and rising consumption of timber and engineered wood products will provide additional growth opportunities.
Other key markets covered include Mexico, Germany, the United Kingdom, France, Italy, China, Japan, India, and South Korea, alongside the rest of Europe, Asia Pacific, and the world. Expanding infrastructure, urbanization, wood product manufacturing, and renewable energy investment are expected to create opportunities across emerging and established forestry markets.
Market Drivers, Challenges, and Trends
Major forestry equipment market growth drivers include increasing demand for wood and wood-based products, construction sector expansion, rising forestry investment, and growth in biomass energy. Rapid urbanization and infrastructure development are increasing demand for construction timber while encouraging investment in modern machinery that can raise output without compromising environmental performance.
Key industry trends include greater automation in forestry operations, replacement of aging equipment, adoption of smart technologies, and increased demand for fuel-efficient and low-emission machinery. Stricter rules governing deforestation, emissions, and biodiversity protection are accelerating investment in equipment that supports more precise and responsible harvesting. Nevertheless, high maintenance costs and growing competition from emerging-market manufacturers may restrain market expansion.
The COVID-19 pandemic initially affected the forestry equipment industry through manufacturing shutdowns, labor shortages, supply chain delays, and economic uncertainty. The market has since recovered as infrastructure investment and demand for mechanized forestry operations have increased. Automation, data-enabled decision-making, and smart equipment adoption are now contributing to long-term industry development.
Competitive Landscape
The global forestry equipment market remains fragmented, with established manufacturers and emerging suppliers competing through product innovation, geographic expansion, technology integration, and strategic investment. Leading market participants include:
Recent competitive initiatives demonstrate the industry’s focus on productivity and safety. In February 2024, John Deere introduced its 950 P-Tier and 1050 P-Tier large dozers with enhanced visibility and safety features. In June 2023, Volvo Construction Equipment launched a Compact Business Unit focused on compact excavators weighing up to nine tons and compact wheel loaders through the L50 model. Continued product development, electrification, automation, and expansion into emerging forestry markets are expected to shape competition through 2030.
Key Topics Covered
1. Executive Summary
2. Introduction
2.1 Forestry Equipment: An Overview
2.1.1 Introduction to Forestry Equipment
2.1.2 Major Types of Forestry Equipment
2.2 Forestry Equipment Segmentation: An Overview
2.2.1 Forestry Equipment Segmentation
3. Global Market Analysis
3.1 Global Forestry Equipment Market: An Analysis
3.1.1 Global Forestry Equipment Market: An Overview
3.1.2 Global Forestry Equipment Market by Value
3.1.3 Global Forestry Equipment Market by Product (Felling Equipment, Extracting Equipment, On-Site Processing Equipment, Other Forestry Equipment and Separately Sold Parts and Attachments)
3.1.4 Global Forestry Equipment Market by Power Source (Oil, Gas and Electric)
3.1.5 Global Forestry Equipment Market by Region
3.2 Global Forestry Equipment Market: Product Analysis
3.2.1 Global Forestry Equipment Market by Product: An Overview
3.2.2 Global Felling Forestry Equipment Market by Value
3.2.3 Global Felling Forestry Equipment Market by Type
3.2.4 Global Felling Forestry Equipment Market Type by Value
3.2.5 Global Extracting Forestry Equipment Market by Value
3.2.6 Global Extracting Forestry Equipment Market by Type
3.2.7 Global Extracting Forestry Equipment Market Type by Value
3.2.8 Global On-Site Processing Forestry Equipment Market by Value
3.2.9 Global On-Site Processing Forestry Equipment Market by Type
3.2.10 Global On-Site Processing Forestry Equipment Market Type by Value
3.2.11 Global Other Forestry Equipment Market by Value
3.2.12 Global Other Forestry Equipment Market by Type
3.2.13 Global Other Forestry Equipment Market Type by Value
3.2.14 Global Separately Sold Parts and Attachments Forestry Equipment Market by Value
3.2.15 Global Separately Sold Parts and Attachments Forestry Equipment Market by Type
3.2.16 Global Separately Sold Parts and Attachments Forestry Equipment Market Type by Value
3.3 Global Forestry Equipment Market: Power Source Analysis
3.3.1 Global Forestry Equipment Market Power Source: An Overview
3.3.2 Global Oil Forestry Equipment Market by Value
3.3.3 Global Gas Forestry Equipment Market by Value
3.3.4 Global Electric Forestry Equipment Market by Value
4. Regional Market Analysis
4.1 North America Forestry Equipment Market: An Analysis
4.1.1 North America Forestry Equipment Market: An Overview
4.1.2 North America Forestry Equipment Market by Value
4.1.3 North America Forestry Equipment Market by Region
4.1.4 The US Forestry Equipment Market by Value
4.1.5 Canada Forestry Equipment Market by Value
4.1.6 Mexico Forestry Equipment Market by Value
4.2 Europe Forestry Equipment Market: An Analysis
4.2.1 Europe Forestry Equipment Market: An Overview
4.2.2 Europe Forestry Equipment Market by Value
4.2.3 Europe Forestry Equipment Market by Region
4.2.4 Germany Forestry Equipment Market by Value
4.2.5 UK Forestry Equipment Market by Value
4.2.6 France Forestry Equipment Market by Value
4.2.7 Italy Forestry Equipment Market by Value
4.2.8 Rest of Europe Forestry Equipment Market by Value
4.3 Asia Pacific Forestry Equipment Market: An Analysis
4.3.1 Asia Pacific Forestry Equipment Market: An Overview
4.3.2 Asia Pacific Forestry Equipment Market by Value
4.3.3 Asia Pacific Forestry Equipment Market by Region
4.3.4 China Forestry Equipment Market by Value
4.3.5 Japan Forestry Equipment Market by Value
4.3.6 India Forestry Equipment Market by Value
4.3.7 South Korea Forestry Equipment Market by Value
4.3.8 Rest of Asia Pacific Forestry Equipment Market by Value
4.4 Rest of the World Forestry Equipment Market: An Analysis
4.4.1 Rest of the World Forestry Equipment Market: An Overview
4.4.2 Rest of the World Forestry Equipment Market by Value
5. Impact of COVID-19
5.1 Impact of COVID-19 on Global Forestry Equipment Market
5.2 Post COVID-19 Impact on Global Forestry Equipment Market
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Increasing Demand for Wood and Wood Products
6.1.2 Expanding Construction Sector
6.1.3 Upswing in Wood Product Manufacturing
6.1.4 Rapid Urbanization and Infrastructure Development
6.1.5 Rising Investments Across the Forestry Industry
6.2 Challenges
6.2.1 High Maintenance Costs
6.2.2 Competition from Emerging Markets
6.3 Market Trends
6.3.1 Presence of Diversified Forest Area and Forestry Activities
6.3.2 Replacement of Older, Less Productive Forestry Equipment
6.3.3 Upsurge in Bioenergy Industry
6.3.4 Surging Demand for Sustainable Forestry Practices
6.3.5 Increased Automation in Forestry Operations
7. Competitive Landscape
7.1 Global Forestry Equipment Market: Competitive Landscape
8. Company Profiles
8.1 Deere & Company
8.1.1 Business Overview
8.1.2 Operating Segments
8.1.3 Business Strategies
8.2 Hitachi Construction Machinery Co. Ltd.
8.2.1 Business Overview
8.2.2 Operating Segments
8.2.3 Business Strategies
8.3 Volvo Group (Volvo Construction Equipment)
8.3.1 Business Overview
8.3.2 Operating Segments
8.3.3 Business Strategies
8.4 Komatsu Limited
8.4.1 Business Overview
8.4.2 Operating Segments
8.4.3 Business Strategies
8.5 Ponsse PLC
8.5.1 Business Overview
8.5.2 Operating Segments
8.5.3 Business Strategies
8.6 Caterpillar Inc.
8.6.1 Business Overview
8.6.2 Operating Regions
8.6.3 Business Strategies
8.7 Husqvarna Group
8.7.1 Business Overview
8.7.2 Operating Divisions
8.7.3 Business Strategies
8.8 CNH Industrial N.V.
8.8.1 Business Overview
8.8.2 Operating Segments
8.8.3 Business Strategies
8.9 Bell Equipment Limited
8.9.1 Business Overview
8.9.2 Operating Segments
8.9.3 Business Strategies
8.10 Tigercat International Inc.
8.10.1 Business Overview
8.10.2 Business Strategies
8.11 Barko Hydraulics, LLC
8.11.1 Business Overview
8.11.2 Business Strategies
8.12 Rottne Industri AB
8.12.1 Business Overview
8.12.2 Business Strategies
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